Share this property

realcommercial.com.au
JLL - Melbourne

382 Main Street Bairnsdale, VIC 3875

Directions

382 Main Street,
Bairnsdale, VIC 3875

Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail

Price information

Sale - Expression of Interest

Contact the JLL Healthcare & Life Sciences Team

Key property information

Land area

Floor area

Property extent

Private inspections

to arrange a private inspection.
JLL - Melbourne
Mark Stafford
MingXuan Li 李名轩

JLL - Melbourne

Level 40, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
382 Main Street
Bairnsdale, VIC 3875

Map of 382 Main Street

Directions
  • Train stations within 5 km of 382 Main Street, Bairnsdale, VIC 3875Distance
    Bairnsdale Railway Station651 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 382 Main Street, Bairnsdale, VIC 3875Distance
    Bairnsdale Primary School/McCulloch St (Bairnsdale)359 m
    Princes HwyMcCulloch St397 m
    Hodgson St/Anderson St (Bairnsdale)449 m
    Wallace St/Dawson St (Bairnsdale)468 m
    Pearson St/McCulloch St (Bairnsdale)501 m
    POWERED BY HERE ©
POWERED BY HERE ©

EOI CLOSED - OFFERS UNDER REVIEW

  • Triple Net Lease with options to 2043
  • ASX-Listed Operator
  • 150m* from Bairnsdale Primary School
Affordable Investment with Triple Net Lease to ASX-Listed Tenant

The JLL Healthcare & Life Science team is pleased to exclusively present this affordable child care centre at 382 Main Street, Bairnsdale.

Key details of the opportunity include:
+ Leased to Evolve Early Education Pty Ltd (part of the ASX-Listed (ASX: EVO) Embark Early Education Ltd)
+ Excellent trading history with strong occupancy and waitlist for 2024
+ 17-year Triple Net Lease plus options until 2043
+ Net rental of $110,436 * per annum plus GST & Outgoings with CPI annual increases (ratchet clause of a minimum 3% increase)
+ Favourable lease security with corporate guarantee in place
+ Over 20m* of exposure to Main Street, a major arterial road with 22,000+ vehicles passing daily
+ Ideally positioned just 150m* from Bairnsdale Primary School
+ The new $5.4 billion federal government child care package commenced in July 2023, and with the Bairnsdale median family income sitting at $57,252** the majority of the local community qualifies for the full subsidy of up to 90%
+ East Gippsland is a thriving regional with forecasted population growth of 22% by 2041^
+ Positioned less than 1.1km* from Bairnsdale Station, Coles, Woolworths, Aldi, Dan Murphy’s, McDonald’s, KFC, Chemist Warehouse, Hungry Jacks and more.

*Approx.
^Forecast.ID
**ABS 2021 Community Census

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Mark Stafford | 0404 401 0...
MingXuan Li | 0498 688 9...

Property ID: 504537708Last Updated: 17 Apr 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.